2026 QUESTIONS AND ANSWERS GRADED
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⩥ Which is NOT one of the major sales specialties a licensee is able to
specialize in? Answer: Business enterprise
⩥ To protect consumers, most local governments require that developers
submit a _________________ of a new development to any applicable
government planning agencies. Answer: Subdivision plat map
⩥ Developers of residential subdivisions typically record in the public
records ________________ that affect the entire subdivision. Answer:
restrictive convenants
⩥ Sales associate Jason receives a referral from Tommy, his brother.
Sales associate Jason sells Tommy's friend a beautiful 3 bedroom, 2-bath
home in the Miami area for 500 thousand dollars. What can Sales
associate Jason give to Tommy for the referral? Answer: a Thank You
card
⩥ One way to determine if a property manager is doing a good job is by
measuring his performance. Which method below would be an excellent
tool to measure a property manager's performance? Answer: Vacancy
ratio
,⩥ Appraising is considered to be? Answer: An art
⩥ A real estate licensee may charge for Answer: CMA (competitive
market analyses
BPO (Broker Price Opinion
An Appraisal
⩥ Real Estate agents must be knowledgeable in the following areas:
Answer: Details of Property Transfer
The current Market Conditions
How to Market Real Estate and Businesses / Selling Skills
⩥ Building that involves purchasing one or more lots and constructing a
home or homes without securing buyers in advance of the construction is
what type of construction? Answer: Spec Building
⩥ Which statement BEST describes who must be licensed to practice
real estate in Florida? Answer: Anyone who performs any of the services
of real estate for another for compensation, unless exempted by law.
⩥ You have ___________ from when the student passed their pre-
license course to successfully pass the state exam. Answer: 24 months
,⩥ An applicant has the right to object to any questions they feel were
incorrect or improperly written on the state exam within _______ days.
Answer: 21 days
⩥ A profession and occupation should be regulated when? Answer: The
public is not otherwise protected
⩥ John received his Florida real estate sales associate license three year
ago. Which requirement must John complete to become a Florida
licensed real estate broker? Answer: Complete and document 24 months
of active experience within the previous 5 years working under a Florida
real estate broker or governmental agency.
⩥ Owners of an apartment complex or any property management firm
may pay a finder's fee of no more than $________ to a tenant of the
apartment complex without either party having a real estate license.
Answer: $50.00
⩥ An applicant's application expires Answer: two years from the date
received by the DRE
⩥ Who needs a real estate license when performing services that are
provided to another for compensation? Answer: Attorneys at law
, ⩥ In order to obtain a Florida real estate license through mutual
recognition the licensee: Answer: Must be a Non-Resident of Florida
⩥ Which is NOT a main real estate license category Answer: Broker-
Sales Associate
⩥ If a licensee changes his mailing address, he MUST notify the DRE
within ______ days. Answer: 10 days
⩥ How many hours of elective credits can a licensee take towards their
continuing education course. Answer: 8 hours
⩥ Florida's real estate license renewal period is currently every two
years. Each license expires on either _______________ or
________________ of each year. Answer: March 31st and September
30th
⩥ Real estate school will NOT Answer: 1. Offer a refund to students
who fail.
2. Guarantee that students will pass a state exam.
3. Promise or guarantee employment or placement of a student.
⩥ Which is correct regarding The Florida Real Estate Commission and
its seven members? Answer: Four active brokers who have been active
in real estate for the past five years; one active sales associate, broker